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Silver soars Rs 7,200/kg; gold prices surge Rs 3,300/10 gm as Iran-US reach peace agreement. Time to buy precious metals?
Gold and silver prices surged sharply on MCX after a preliminary Iran-US peace agreement weakened the dollar and eased oil prices. Silver jumped Rs 7,200/kg while gold rose Rs 3,300/10 gm. Analysts see further upside, with key support and resistance levels guiding near-term trading strategies.
Gold Price Today: MCX Gold Jumps Rs 2,500 To Rs 1.51 Lakh After US-Iran Deal Announcement
MCX gold July futures contract jumped 1.69% or Rs 2,500 to Rs 1,51,237 per 10 grams, while the MCX silver July futures climbed 2.54% or Rs 6,261 to Rs 2,52,447 per kg.
Gold rate today: MCX gold price above ₹1.53 lakh per 10 grams, silver price jumps over 2% after US-Iran peace deal
Gold rate today: Gold prices jumped over 2% as the dollar sank after the announcement of the US-Iran peace deal. The US and Iranian officials agreed on a framework to end their war in the Middle East, halt the US blockade of Iran and reopen the Strait of Hormuz.
Gold, silver trade higher in India: Why Tata MF remains bullish on precious metals
Gold and silver prices rebound on MCX and COMEX as US Iran tensions ease, analysts see support for bullion but warn of near term volatility.
Gold, Silver rates today: MCX gold price jumps above ₹1.5 lakh, silver rate up over 1% amid US-Iran peace deal hopes
Gold, Silver rates today: Gold prices fell in the international market and were on track for a weekly loss, weighed down by concerns around inflation and potential US Federal Reserve interest rate hikes.
Gold Price Today: MCX Gold Jumps Over Rs 1.48 Lakh Mark After Trump Claims 'Great Settlement' With Iran
MCX gold July futures contract advanced 0.97% to Rs 1,48,550 per 10 grams, while the MCX silver July futures surged 1.54% to Rs 2,43,347 per kg.
Is Rs 1.51 Lakh The New Ceiling For Gold? What Key MCX Trading Levels Indicate
Kotak Securities also pointed to declining Comex open interest and a break below the 200-day moving average as signs of deleveraging and weakening institutional participation in the bullion market.
MCX gold slips below ₹1.5 lakh per 10 grams, silver extends decline on global cues
MCX gold and silver slump to multi month lows as weak global cues, Fed rate hike fears and stronger US dollar drive risk off sentiment and high volatility.
Gold Price Today: MCX Gold Slips To Rs 1.45 Lakh Mark As US-Iran Tensions Soar
MCX gold July futures contract dipped 0.76% to Rs 1,45,282 per 10 grams, while the MCX silver July futures dropped 0.86% to Rs 2,33,490 per kg.
Gold rate today: MCX gold dips ₹2000/10 gm as escalation in US-Iran war renews inflation concerns
Gold price today: The MCX gold rate opened today with a downside gap at ₹1,46518 per 10 gm and touched an intraday low of ₹1,46,444 within a few minutes of the Opening Bell
Silver price in India declines over 2% amid Fed rate uncertainty and Middle East tensions; US inflation data awaited
MCX Silver rate fell over 2% to ₹2,30,493 per kg while MCX Gold price declined 1% to ₹1,46,444 per 10 grams.
Gold, Silver Rates Today LIVE: MCX gold rate slips 1%, silver price slips below ₹2.32 lakh per kg amid US-Iran war
Gold, Silver Rates Today LIVE: Gold prices rebounded short-covering as investors awaited key US inflation data that could shed more light on the US Federal Reserve policy outlook.